GPS Wealth Strategies Group LLC Acquires 410 Shares of Franklin Income Focus ETF (NYSEARCA:INCM)

GPS Wealth Strategies Group LLC lifted its stake in shares of Franklin Income Focus ETF (NYSEARCA:INCM) by 13.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,567 shares of the company’s stock after purchasing an additional 410 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in Franklin Income Focus ETF were worth $95,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC purchased a new stake in shares of Franklin Income Focus ETF in the first quarter worth about $107,000. Principal Securities Inc. boosted its holdings in Franklin Income Focus ETF by 24.9% in the 4th quarter. Principal Securities Inc. now owns 5,340 shares of the company’s stock valued at $139,000 after purchasing an additional 1,065 shares during the period. Verus Capital Partners LLC purchased a new position in shares of Franklin Income Focus ETF during the 4th quarter valued at $224,000. Independent Advisor Alliance bought a new position in shares of Franklin Income Focus ETF in the fourth quarter worth $252,000. Finally, Stratos Wealth Partners LTD. increased its holdings in shares of Franklin Income Focus ETF by 13.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 9,860 shares of the company’s stock worth $257,000 after purchasing an additional 1,175 shares during the period.

Franklin Income Focus ETF Stock Performance

NYSEARCA:INCM opened at $26.78 on Friday. Franklin Income Focus ETF has a 52-week low of $24.62 and a 52-week high of $27.65. The stock has a fifty day moving average of $26.15 and a 200 day moving average of $26.47. The firm has a market capitalization of $646.74 million, a price-to-earnings ratio of 18.48 and a beta of 0.50.

About Franklin Income Focus ETF

The Franklin Income Focus ETF (INCM) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a diversified portfolio of equities and debt securities. The fund seeks to maximize income over a full market cycle by utilizing income generation strategies and investing opportunistically across various assets classes, markets, and sectors.